NCR Voyix (NYSE:VYX) Shares Down 4.7% - Here's What Happened

Key Points

• NCR Voyix shares fell 4.7% to approximately $7.78 during Tuesday trading, on volume that was 83% below the average session volume.
• Analyst sentiment remains broadly positive, with three Buy and three Hold ratings; the stock carries a “Moderate Buy” consensus and an average price target of $12.20.
• The company recently exceeded quarterly earnings and revenue expectations, but revenue declined 21.5% year over year. Institutional investors own approximately 97% of the stock.

NCR Voyix Corporation (NYSE:VYX - Get Free Report)'s stock price dropped 4.7% during trading on Tuesday. The company traded as low as $7.79 and last traded at $7.7750. 407,510 shares changed hands during trading, a decline of 83% from the average session volume of 2,398,994 shares. The stock had previously closed at $8.16.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Royal Bank Of Canada lifted their price target on shares of NCR Voyix from $10.00 to $13.00 and gave the stock an "outperform" rating in a report on Thursday, August 6th. Needham & Company LLC restated a "buy" rating and set a $14.00 price target on shares of NCR Voyix in a research report on Tuesday, September 29th. The Goldman Sachs Group decreased their target price on shares of NCR Voyix from $9.75 to $8.00 and set a "neutral" rating on the stock in a research report on Tuesday, October 13th. Finally, Weiss Ratings raised NCR Voyix from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, September 4th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, NCR Voyix presently has an average rating of "Moderate Buy" and an average price target of $12.20.

NCR Voyix Price Performance

The stock has a market cap of $1.07 billion, a P/E ratio of 19.19 and a beta of 1.42. The company has a quick ratio of 0.95, a current ratio of 1.07 and a debt-to-equity ratio of 1.19. The firm has a 50 day moving average price of $7.71 and a 200 day moving average price of $7.90.

NCR Voyix (NYSE:VYX - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.02. The company had revenue of $523.00 million during the quarter, compared to analysts' expectations of $515.95 million. NCR Voyix had a net margin of 2.53% and a return on equity of 11.23%. NCR Voyix's quarterly revenue was down 21.5% on a year-over-year basis. During the same period last year, the company posted $0.19 earnings per share. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. On average, analysts forecast that NCR Voyix Corporation will post 0.68 EPS for the current fiscal year.

Institutional Investors Weigh In On NCR Voyix

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. IFP Advisors Inc grew its stake in shares of NCR Voyix by 67.8% in the third quarter. IFP Advisors Inc now owns 9,171 shares of the company's stock valued at $63,000 after buying an additional 3,704 shares in the last quarter. Counterpoint Mutual Funds LLC acquired a new stake in NCR Voyix in the third quarter valued at $824,000. Integrated Wealth Concepts LLC acquired a new stake in shares of NCR Voyix in the 2nd quarter worth approximately $30,000. Arizona State Retirement System increased its position in NCR Voyix by 6.0% during the second quarter. Arizona State Retirement System now owns 38,357 shares of the company's stock worth $313,000 after buying an additional 2,174 shares in the last quarter. Finally, Corient Private Wealth LP purchased a new stake in shares of NCR Voyix in the second quarter valued at $208,000. Institutional investors and hedge funds own 97.00% of the company's stock.

About NCR Voyix

NCR Voyix Corporation NYSE: VYX is a global technology company that provides software, hardware and services for businesses in the retail, restaurant and financial services industries. Its solutions are designed to help companies manage transactions, customer engagement, payments, inventory and other commerce-related operations across physical and digital channels.

The company's offerings include point-of-sale systems, self-checkout technology, payment solutions, order and fulfillment tools, loyalty programs, digital commerce platforms and related hardware and support services.

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